Topping Tuesday’s ballot is a billion dollar bond measure critical to shoring up the pensions for thousands of Houston city workers, both past and present. As part of the excruciating negotiations, unions agreed to sacrifice more than two billion dollars in promised benefits to secure the future viability of their retirement funds.
Panelists this week: Bob Price - Associate Editor Breitbart Texas, Nyanza Moore - progressive commentator, Bill King, businessman and columnist, Marcus Davis - radio host of Sunday Morning Live, Tomaro Bell - Super Neighborhood leader, Jessica Colon - Republican strategist.
Houston proposition A
The issuance of $1,010,000,000 pension obligation bonds for the purpose of funding a portion of the unfunded liability of the City with respect to the Houston Police Officers’ Pension System and the Houston Municipal Employees Pension System as contemplated by the pension reform plan contained in Senate Bill 2190 (adopted in the 85th (2017) Texas Legislature, Regular Session), and the levying of taxes sufficient for the payment thereof and interest thereon.